The Federal Open Market Committee (FOMC) is watching the US economy closely, and their next move is eagerly anticipated. The FOMC is responsible for setting monetary policy, including interest rates, to promote maximum employment and price stability.
To stay ahead of the curve, you can track the probabilities of FOMC rate moves using tools like CME FedWatch . This platform provides insights into the likelihood of rate changes based on 30-Day Fed Funds futures prices.
Some experts predict that the Fed will maintain its "wait-and-see" approach, considering the underlying strength of the economy and uncertainty over the policy outlook ². However, others suggest that the Fed may eventually cut interest rates to support economic growth.
The FOMC typically meets eight times a year, and their decisions can significantly impact financial markets. To stay informed, you can follow the Federal Reserve's official website for updates on FOMC meetings, monetary policy reports, and other relevant information